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ANN - Ansell News Story

A$34.28 -1.1  -3.0%

Last Trade - 7:10am

Sector
Healthcare
Size
Mid Cap
Market Cap £2.47bn
Enterprise Value £2.68bn
Revenue £1.25bn
Position in Universe 98th / 1837

BUZZ-Australia's Ansell reaffirms FY outlook, shares mark best day in over 32 years

Mon 30th March, 2020 1:09am
** Shares of Ansell Ltd  ANN.AX  surge as much as 20.2% to
A$27.89, marking their biggest intraday pct gain since Oct 1987
    ** Glove maker reiterates FY20 EPS outlook range of 112 US
cents to 122 US cents per share  urn:newsml:reuters.com:*:nASX2nGFKb
    ** Says co is experiencing very strong demand for hand- and
body-protection products, single-use examination gloves and
surgical gloves
    ** However, ANN expects this demand to be offset by
declining demand for some industrial products, temporary
lockdowns, export restrictions due to COVID-19 pandemic
    ** Shares of co at their highest level in near two weeks
    ** Stock down 20.1% this year, as of last close
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